IMF Staff Country Reports

Dominica: Poverty Reduction Strategy Paper

August 4, 2006

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International Monetary Fund. "Dominica: Poverty Reduction Strategy Paper", IMF Staff Country Reports 2006, 289 (2006), accessed June 19, 2025, https://doi.org/10.5089/9781451810929.002

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Summary

The Growth and Social Protection Strategy (GSPS) provides the framework for Dominica’s economic and social policies over the next five years and sets out the macroeconomic framework; the growth strategy, including the enabling environment for private enterprise and sectoral strategies; and poverty reduction and social protection programs. Economic growth in Dominica was curtailed by a conjuncture of unfavorable developments, particularly with respect to trade, but there were underlying weaknesses in the economy such as a reliance on one or two sectors, with this lack of diversity exacerbating its vulnerability to economic shocks.

Subject: Economic sectors, Education, Labor, Poverty, Poverty reduction strategy, Tourism

Keywords: Caribbean, Community development, CR, Economic growth, Financial support, Global, Government development policy, ISCR, Labour force, Poverty reduction strategy, Private sector, Tourism

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